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Rua Bioscience files documents for October IPO on NZX

The IPO values the medical cannabis company at $70m.

Andrew Bevin Fri, 25 Sep 2020

East Coast medical cannabis firm Rua Bioscience has filed documents for a 50c a share initial public offering (IPO) on the NZX, valuing the budding company at $70 million post offer.

Founded in 2016 and formerly known as Hikurangi Cannabis Company, Rua hopes to raise $20m through the float,

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Andrew Bevin Fri, 25 Sep 2020
Contact the Writer: andrew@nbr.co.nz
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Rua Bioscience files documents for October IPO on NZX
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